Realty firm House of Hiranandani will invest Rs 500 crore to build a commercial project in Mumbai.
In a statement on Friday, the company said it has acquired a one-acre land parcel in Andheri East, Mumbai. ”The company plans to invest approximately Rs 500 crore to develop a premium commercial tower,” House of Hiranandani said.
The upcoming project will offer a total leasable area of around 4 lakh sq ft. The company has developed more than 50 million sq ft of area and delivered 26,612 homes.
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